Business

One Agent, One Terminal: OPay Gains Market Share As New CBN Policy Ends PoS Multi-Homing

April 10, (THEWILL) — Nigeria’s agent banking ecosystem is entering a new phase, following updated guidelines by the Central Bank of Nigeria (CBN), to address long-standing issues such as fraud, failed transactions, and inconsistent service delivery. Introduced on April...

IMF Flags Global Growth Downgrade As Middle East War Ripples Across Economies

April 10, (THEWILL) — The International Monetary Fund (IMF) is set to cut its global growth forecasts, citing the economic fallout from the ongoing Middle East conflict despite a fragile ceasefire. IMF Managing Director, Kristalina Georgieva, warned that the war’s...

Rising Feed Costs Push Poultry Farmers Toward Homemade Alternatives

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April 10, (THEWILL) — Nigerian poultry farmers are increasingly abandoning commercial feed suppliers in favour of homemade blends as they grapple with soaring production costs, a shift that is helping many stay afloat in a challenging operating environment. Although prices...

NGX Extends Rally as ASI Crosses 203,000 Points Amid Mixed Market Breadth

April 09, (THEWILL) — The Nigerian equities market closed higher today, Thursday’s trading session as gains in select mid-cap and insurance stocks lifted the benchmark index further above the 203,000-point mark. Market capitalisation advanced from ₦130.404 trillion at the opening...

Unilever’s Global Foods Merger Plan with McCormick Raises Questions for Nigerian Unit

April 09, (THEWILL) — Unilever Nigeria Plc has announced that its parent company, Unilever Plc, plans to combine its global foods business with McCormick & Company, Inc., in a move that signals a major strategic shift in its international...

Manufacturing Sector Boosts Nigeria’s Tax Revenue With ₦881bn CIT Contribution In 2025

April 09, (THEWILL) — Nigeria’s manufacturing sector contributed ₦881.29 billion in Company Income Tax (CIT) in 2025, underscoring its growing role in supporting government revenue and industrial expansion. According to the latest figures from the National Bureau of Statistics (NBS),...

Hormuz: Iran Warns Of Sea Mines, Recommends Safer Route After U.S. Truce

April 09, (THEWILL) — Iran has issued a maritime advisory warning of potential sea mines in the Strait of Hormuz and recommended a safer northern route for vessels, following a recent ceasefire agreement with the United States. The guidance, issued...

Polaris Bank Not Under Liquidation — CBN

April 09, (THEWILL) — The Central Bank of Nigeria (CBN) has confirmed that Polaris Bank is not under liquidation, reassuring Nigerians that the banking system remains stable, secure, and resilient. In a statement shared via its official X account, the...

Fidelity Bank Strengthens Gender Inclusion With Amaka Onwughalu As Board Chairman

April 09, (THEWILL) — Fidelity Bank Plc has reinforced its commitment to gender inclusion and strong corporate governance with the appointment of Mrs Amaka Onwughalu as Chairman of its Board of Directors, effective January 1, 2026. Her emergence comes at...

NGX Moves To Delist DN Tyre, Greif Nigeria Over Compliance Breaches, Liquidation

April 09, (THEWILL) — The Nigerian Exchange (NGX) is set to delist DN Tyre and Rubber Plc and Greif Nigeria Plc from its Daily Official List, marking the end of prolonged regulatory efforts to restore the companies to compliance. NGX...
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Tinubu Doesn’t Live Large — NRS Boss Fires Back At Critics, Says President Walks To Work, Eats Once Daily, Debunks $279m Fraud Allegation

Describing the allegations as entirely false, Adedeji said they were the handiwork of individuals determined to discredit him and weaken public confidence in the Tinubu administration.
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